Skip to content
Nonprofiteer
← BRIT FOUNDATION

Form 990 for tax year 2022

Filed by BRIT FOUNDATION.

Totals

Total revenue
$54,640
Total expenses
$2,495,547
Contributions and grants received
$48,234
Grants paid
$2,475,775
Program service revenue
$0
Investment income
$6,406
Other revenue
$0
Total assets, end of year
$65,331,909
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$65,331,909
Program services expenses (Part IX)
$2,475,775
Management and general expenses
$19,772
Fundraising expenses
$0
Program service expenses (Part III)
$2,475,775

Program services were 99.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $48,234

  • 3 · Investment income

    total $6,406 · excluded $6,406

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,475,775 · program services $2,475,775

  • 11b · Fees: legal

    total $14,750 · management and general $14,750

  • 13 · Office expenses

    total $1,035 · management and general $1,035

  • 23 · Insurance

    total $3,987 · management and general $3,987

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,615,281 · end of year $64,979

  • 12 · Investments: other securities

    beginning of year $74,254,852 · end of year $65,266,930

  • 28 · Net assets with donor restrictions

    beginning of year $76,870,133 · end of year $65,331,909

Mission and programs · 2022

Mission

THE FOUNDATION HOLDS AND MAINTAINS THE LONG-TERM INVESTMENTS FOR THE BENEFIT OF A 501(C)(3) ENTITY, BOTANICAL RESEARCH INSTITUTE OF TEXAS. FOUNDATION IS A SUPPORTING ENTITY OF THE BOTANICAL RESEARCH INSTITUTE OF TEXAS UNDER IRC SECTION 509(A)(1).

  • FUND MANAGEMENT

    Expenses $2,475,775 · Grants $2,475,775

As filed on the 2022 return.

Listed in Part VII

  • MR CHARLES DENISON

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4
  • MS REBECCA GRIMMER

    MEMBER, BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1
  • MR EDWARD P BASS

    MEMBER, BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1
  • MR ALFRED J LOCKWOOD

    MEMBER, BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1
  • MR ROBERT BOND MALONE

    MEMBER, BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    1
  • MR JAMES DAY

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • MS HANNAH RODRIGUEZ

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • MS KERI BARFIELD

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • BRIT FOUNDATION IS A SUPPORT ORGANIZATION OF BOTANICAL RESEARCH INSTITUTE OF TEXAS AND HOLDS INVESTMENTS FOR THE DIRECT BENEFIT OF BOTANICAL RESEARCH INSTITUTE OF TEXAS.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
22 September 2023
IRS schema version
2022v5.0
Source object
202302689349301055

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.